There
are nearly 23 million small businesses in the United States. How
many are customers of your bank?
Once considered a niche market, receivables
management and credit repair reporitng services in conjunction with epayments global has become a critical tool for banks seeking to expand
their share of the increasingly competitive small business market.
With money center banks soliciting small businesses with mass
mailings and credit-scored applications, and powerful non-banks
aggressively targeting and acquiring small business customers,
job one for banks targeting small businesses is to launch a counter-attack.
A nationwide network of community banks has found Business
Manager to be the solution. Using the program, they have helped
meet the cash flow needs of thousands of commercial customers.
The Business Manager program is endorsed by the American Bankers
Association through its subsidiary, the Corporation for American
Banking, and by more than two dozen state and community banking
associations.
Business Manager is a complete system
for purchasing and managing the accounts receivable of commercial
customers on a full-recourse basis with a flexible cash collateral
reserve. From the bank’s perspective, the program provides a way
to bank small businesses more effectively, to offer a unique combination
of funding and receivables management benefits, and to control
the risks associated with the funding of accounts receivable.
From the business’ perspective, the program unlocks the cash typically
frozen in accounts receivable, provides ongoing cash flow as the
business generates new sales, and provides management information
on which to base better business decisions. To find out more about
how Business Manager can help your bank increase its small business
portfolio, contact
us today!

"The
innovation point is the pivotal moment when talented and motivated
people seek the opportunity to act on their ideas and dreams."
- W. Arthur Porter